Investors moved cautiously at the open, with the VIX (Wall Street volatility index) climbing before a Federal Reserve policy announcement and major technology earnings releases.
U.S. stocks opened lower while the VIX (Wall Street volatility index) jumped as investors prepared for a Federal Reserve announcement and upcoming earnings from large technology companies. The move points to heightened near-term market caution, as traders often use the VIX to gauge expected volatility around major macroeconomic and corporate events.